Vacant Home/Under Construction

Vacant Home Insurance is designed for property owners whose homes or buildings are left empty for extended periods, providing essential protection while the property is unoccupied or awaiting its next use.

What It Covers

This insurance provides specialized coverage for vacant residential properties, protecting the building and liability exposures that are typically excluded from standard home insurance policies.

Why It Matters

Vacant properties face increased risks such as vandalism, fire, water damage, and liability claims due to the absence of regular occupants. In Ontario, many insurers limit or void coverage once a property has been vacant for 30 days or more, making vacant home insurance essential to avoid costly coverage gaps.

Key Coverages

/01

Fire and Explosion Coverage

Protects the structure of your vacant home against fire or explosion, helping cover repair or replacement costs following an insured loss.

/02

Weather-Related Damage Coverage

Provides coverage for damage caused by insured perils such as windstorms, hail, or lightning, subject to policy terms and limits.
/03

Premises Liability Coverage

Offers financial protection if someone is injured on your vacant property and you are held legally responsible, covering legal fees and related costs.
/04

Limited Property Protection

Covers the building itself while vacant, with coverage tailored to the property’s condition, duration of vacancy, and maintenance requirements. 

Why Choose Oracle RMS

Oracle RMS works with trusted insurance partners to secure vacant home insurance solutions tailored to your property type and situation—whether your property is awaiting sale, between tenants, part of an estate, or undergoing minor renovations. Our licensed brokers ensure you remain protected and compliant with insurer requirements during periods of vacancy.

Keep your property protected, even when it’s empty. Contact Oracle RMS today or fill out our quote form to receive a customized vacant home insurance quote.

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